Jeffrey Kleintop, chief market strategist at LPL Financial noted the Dow has a track record of bouncing around these millennium markers before breaking through with any sort of conviction. From Keintop:

– 11,000 was reached in April 2010, and the Dow was not able break free above it until seven months later in November of 2010.

– 12,000 was reached in February 2011, and the Dow was not able break free above it until 10 months later in December 2011.

– 13,000 was reached in February 2012, and the Dow was not able break free above it until 10 months later in December 2012.